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Voxtur Analytics Closes Acquisition Of Xome Valuations

Sep 01, 2021over 4 years ago

Acquiring Company

Voxtur

Acquired Company

Xome Valuations

TampaFinancial ServicesLendingAnalyticsReal Estate

Description

Voxtur Analytics Corp. (TSXV: VXTR; OTCQB: VXTRF) ("Voxtur" or the "Company"), a technology company creating a more transparent and accessible real estate lending ecosystem, is pleased to announce that, further to the news release issued on August 23, 2021, it has completed the acquisition (“Acquisition”) of Xome Services LLC and Xome Valuation Services LLC (collectively, “Xome Valuations”). Xome Valuations is a leading provider of valuation management products and services to clients in the residential real estate sector. Voxtur's industry-leading technology solutions and workflow management combined with the brand strength and operational expertise of Xome Valuations strengthens the Company's position as a leader in the valuation space and accelerates its goal of becoming the most robust, authoritative source of property data in the U.S.

Company Information

Company

Voxtur

Location

Tampa, Florida, United States

About

Voxtur is a transformational real estate technology company that is redefining industry standards in a dynamic lending environment. The Company offers targeted data analytics to simplify tax solutions, property valuation and settlement services throughout the lending lifecycle for investors, lenders, government agencies and servicers. Voxtur's proprietary data hub and workflow platforms more accurately and efficiently value assets, originate and service loans, securitize portfolios and evaluate tax assessments. The Company serves the property lending and property tax sectors, both public and private, in the United States and Canada.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed